Long-Term Change
Sydney’s property market has been over-inflated for many years, and recent debate over the continued status of “working harbour” has indicated primarily the Carr government’s inclination toward Stamp Duty revenue. Paul Keating’s latest thoughts on the matter propose extending the city north and south, supported by the reduction of commercial shipping in Sydney towards more use of Newcastle and Botany. The Herald’s architecture columnist, Elizabeth Farrelly, has a point, though, that trucking in what used to be shipped isn’t logistically, economically, or necessarily environmentally sound, at least not without some forethought. Neither does the continued push west, however, and if the population shifted along the polar axis along with the shipping, the continued growth of the city could be more viable for everyone. I’m inclined to go with Keating on this.